News

Steak ‘N Shake Is Closing Over 50 Restaurants Due To Coronavirus Shutdowns

ADVERTISEMENT
  • 57 locations of Steak ‘N Shake will close.
  • The parent company says the coronavirus shut-downs have prompted the closures.
  • In addition, no word on which locations are closing.

 

One of the latest businesses to announce closures is Steak ‘n Shake. They are permanently closing 57 locations, which is about 10% of the total restaurants. Reports say that the closures are due to financial strain during the coronavirus pandemic. Almost all restaurants are closed for in-person dining and have been for several months.

ADVERTISEMENT

For many restaurants, carry-out and delivery orders just aren’t enough to keep doors open. So far, Steak ‘n Shake has not said which locations will be closing. They have tried several promotions during the coronavirus shutdowns, including free fries and discounts for essential workers.

ADVERTISEMENT

Steak ‘N Shake is closing 57 locations

Steak ‘N Shake / Wikimedia Commons

The restaurant chain was founded in 1934. The company is famous for its Steakburger, which according to Wikipedia “was originally made from a mixture that included T-bone, sirloin, and round steaks.” If you’re curious about which locations are closing, check their website to see if the location near you is still open.

RELATED: TripAdvisor Rounded Up A List Of The Best Restaurants In The U.S.

Steak ‘N Shake / Wikimedia Commons

Steak n’ Shake is owned by Biglari Holdings Inc. They wrote in a recent report, “The COVID-19 pandemic had an adverse effect on our restaurant operations, thereby resulting in the evaluation of company-operated restaurants for recoverability.”

In conclusion, Biglari Holdings, Inc. also owns Maxim Magazine, Southern Oil, and the First Guard and Southern Pioneer insurance companies.

Show comments
Share
Published by

Recent Posts

‘Hogan’s Heroes’ Cast Then And Now 2024

*FAQs at the bottom of article* UPDATED 3/28/2024 Set in a Nazi Germany prisoner-of-war camp…

1 hour ago

Queen Of Country Reba McEntire Turns 69 Feeling Most Grateful For Family

Marching into the country music scene in 1975, Reba McEntire can easily say her career…

2 hours ago

Bruce Springsteen Gets Honest About Future Of His Career After Health Battle

After a brief hiatus, Bruce Springsteen returned to the stage last week. With a dynamic…

14 hours ago

McDonald’s Will Start Selling Krispy Kreme Doughnuts Nationwide

It's the alliance of two giants in their respective fields. On Tuesday, both McDonald's and…

17 hours ago

‘Titanic’ Prop That Kept Rose Afloat Sells For Over $700,000

When one door closes, a decades-long debate begins. 1997's Titanic featured one iconic scene after…

19 hours ago

‘Petticoat Junction’ Cast Then And Now 2024

*FAQs at the bottom of article* UPDATED 3/27/2024 Forget about your cares, it is time…

19 hours ago